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Intro LPMI, an exchange traded fund, provides investors with daily results equal to 250% of the performance of the Precious Metals Index. Part 1 Attempt
Intro LPMI, an exchange traded fund, provides investors with daily results equal to 250% of the performance of the Precious Metals Index. Part 1 Attempt 1/20 for 10 pts. The daily returns of the Precious Metals Index over the prior five days are 2%, 25%,1%,18%, and 23%. What is the total return of LPMI over the five days? Part 2 Attempt 1/20 for 10 pts. Another exchange traded fund, IPMI, provides investors with daily results equal to 100% of the performance of the Precious Metals Index. What is the total return of IPMI over these days? Intro LPMI, an exchange traded fund, provides investors with daily results equal to 250% of the performance of the Precious Metals Index. Part 1 Attempt 1/20 for 10 pts. The daily returns of the Precious Metals Index over the prior five days are 2%, 25%,1%,18%, and 23%. What is the total return of LPMI over the five days? Part 2 Attempt 1/20 for 10 pts. Another exchange traded fund, IPMI, provides investors with daily results equal to 100% of the performance of the Precious Metals Index. What is the total return of IPMI over these days
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